Mechanics Bank Selects COCC’s Innovative Core Solution
October 2018, Southington, Conn. – Mechanics Bank, based in Mansfield, Ohio, has chosen to partner with COCC for core banking services. The $517 million bank was drawn to COCC particularly for their shared culture of customer orientation and exceptional customer service.
Founded in 1886, Mechanics Bank provides personal banking, business banking, and wealth management services throughout Richland County, Ohio, including the towns of Mansfield, Bellville, Shiloh, and Lexington. As an independent, full-service bank, Mechanics Bank is deeply committed to serving its community with the best products and services.
“COCC’s reputation for exceptional customer service was a key reason that Mechanics Bank included INSIGHT within its review of core banking systems,” said Jason Painley, Chief Financial Officer of Mechanics Bank. “Through comprehensive due diligence, our dedicated Mechanics Bank team confirmed that COCC’s culture of customer orientation matched our own.”
Mechanics Bank also sought a new core partner that would continue to grow, improve, and innovate in the face of a changing industry. “COCC thrives with a support structure consisting of continuous improvement and innovation, and this gives us confidence that COCC is the right strategic partner for us,” said Mr. Painley. “The banking industry will continue to experience exciting changes in the years ahead, and we look forward to collaborating with COCC on the journey.”
COCC also looks forward to continued partnership with Mechanics Bank. “We love working with clients who are as dedicated to their customers and communities as we are to our own,” said Richard A. Leone, Chief Executive Officer of COCC. “Mechanics Bank’s passion for exceptional customer service as well as innovation will make the perfect match for us as we continue to grow together.”
About Mechanics Bank
Mechanics Bank is an independent, full-service community bank with nine locations in Richland County, Ohio. First named “Mechanics Building & Loan Company,” the business was founded in 1886 with $60,000 in assets and operated from a private office just two evenings a week. In the span of 132 years, Mechanics grew from a part-time operation to a household community name. The bank survived economic downturns, recessions and the Great Depression. During a time when bank mergers and buyouts were common, Mechanics chose to remain independent and now stands as the only independent bank in Richland County. Mechanics Bank has over $500 million in assets and was recently named as the fourth-ranked institution for mortgage and consumer loans among nearly 380 banks across the country of similar size.
The Mission at Mechanics Bank is to pursue excellence in every possible way to enrich the lives of people and the communities they serve. At Mechanics, it means that banking is about more than just money and numbers, but ultimately, it’s all about people. Their Mission and Guiding Principle are simple yet dynamic because they can be applied to any situation, not just at Mechanics but in everyday life and in the communities they serve. It’s a way of life they often refer to as “The Mechanics Way.”